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Tax authorities

Superintendencia Nacional de Aduanas y de Administración Tributaria (SUNAT)
Av. Garcilaso de la Vega 1472, Lima
Tel: +51 1 315 0730; +51 1 634 3300; +51 1 634 3600

Ministry of Economic and Finance
Jr. Junín 319, Cercado de Lima, Lima
Tel: +51 1 311 5930

Tax rates at a glance

(As of August 2015)

Corporate income tax rate 28% (a)
Capital gains 5% / 30% (b)
Branch tax 28% / 6.8% (c)

Withholding tax
   Dividends 4.1% / 6.8% (d)
   Interest 4.99% / 30% (e)
   Royalties 30%

Net operating losses (years)
   Carryback 0
   Carryforward 4/Unlimited (f)

  1. The standard corporate income tax rate is 28% (reduced from 30% for years 2015-2016). Different corporate income tax rates may apply to certain activities under special regimes (for example, farming).
  2. Capital gains are generally included as income and taxed at the normal corporate tax rate. For personal taxation, capital gains are taxed at a rate of 6.25%. Gains derived by nonresident individuals if a transfer is made in Peru is 5%; the rate is 30% for gains derived from transfers outside.
  3. Branches are subject to the normal corporate income tax. Branch remittances of net profits abroad are also subject to a 6.8% withholding tax (increased from 4.1% for years 2015-2016).
  4. The withholding tax rate on dividends increased from 4.1% to 6.8% for distributions of profits earned on or after January 1 2015. The rate is 4.1% for distributions of profits earned before January 1 2015.
  5. The 4.99% rate applies to certain cash loans between unrelated parties, and where the interest rate, commissions, costs and bonuses is up to LIBOR+7 for US and European loans; in the case of other sources, the tax authorities will determine the applicable rate based on the documentation provided by the borrower and the technical information reported by the Peruvian Central Bank of Reserve. Any excess is subject to a withholding tax of 30%.
  6. A taxpayer has the option to carry forward all Peruvian source of net operating losses for four years, or to carry the losses forward indefinitely, but to offset only up to 50% of the taxpayer’s taxable income for each subsequent year.
Source: /

Leading firms

Economic growth, bolstered by previously huge demand in commodities, is tapering off, leaving the Peruvian tax authorities searching for revenue. Tax professionals says the aggressiveness of the tax authorities is increasing the demand for consulting, ... [more]


EY's international tax service practice in Peru comprises one tax partner and eight fee earners. The firm provides tax advisory, consulting, compliance, transfer pricing, dispute and tax policy services. Roberto Cores Ferradas leads that practice. The ... [more]

Hernández & Cía Abogados offers tax consulting, planning, preventive review, audit guidance, and legal counsel services at the administrative and judicial levels. Peers praise the firm's partner Luis Hernández as an authority in the field. He specialises ... [more]


Led by Orlando Marchesi, the tax and legal services department of PwC performs a range of tax functions. Their consulting arm handles permanent tax consulting, tax planning, due diligence, international taxation and advice on customs issues and trade. ... [more]

Rodrigo, Elías & Medrano Abogados has a tax practice of six partners and 14 fee earners, led by Alex Córdova. The team provides legal advice on tax compliance, planning, private and governmental tax audits, transfer pricing, tax assessments and tax claims, ... [more]

With 10 partners and 120 fee earners, Deloitte has one of the largest tax practices in Peru. In 2014, Deloitte Peru incorporated law firm Galvez, Risso and Associates to its tax and legal practice. This move added four new experienced partners and the ... [more]

Estudio Ferrero Abogados's tax practice advises on various customs issues such as general counsel related to temporary import, admission and export, and preparation and monitoring of administrative customs proceedings. In terms of consultancy, the team ... [more]

The law firm Rubio Leguía Normand gives local and international clients general tax advice, tax planning and consulting, customs and international trade tax services, as well as works on cross-border M&A, infrastructure and structuring projects. The ... [more]

Zuzunaga Assereto & Zegarra Abogados provides tax services to local and international companies in various sectors of the economy. Its expertise includes corporate planning, international taxation, tax advocacy, consulting, foreign trade planning and ... [more]

Led by Rolando Ramírez-Gastón Horny, the tax team at Estudio Echecopar, a Baker & McKenzie firm, has three partners and seven fee earners. Its services include advising on audit procedures, tax planning and structuring, M&A, and tax litigation. Clients ... [more]

Estudio Olaechea has a full-service tax practice, led by Gustavo Lazo, that advises local and international clients on domestic and international tax matters. The tax team has six fee earners who assist the firm in handling non-contentious advisory, ... [more]

One of the leading law firms in Peru, Miranda & Amado Abogados, Taxand Peru has a tax practice that performs advisory work, tax planning, transactional work and litigation at all levels of the courts. It comprises nine fee earners, including two partners ... [more]

Though it is known for planning in M&A and financial transactions, the tax practice at Muñiz, Ramírez, Pérez-Taiman & Olaya Abogados couples that with experience in planning, litigation and transfer pricing. It has five partners and nine fee earners ... [more]

Iván Chu and Juan Manuel Salazar lead the tax practice group at Payet, Rey, Cauvi, Pérez Abogados. The two-partner-six-fee earner team is experienced in corporate tax, international planning, litigation, and finance and banking. Their expertise is used ... [more]

KPMG has a multidisciplinary team of more than 300 professionals in Peru providing various tax, legal, advisory and audit services to local and international clients. Its tax and legal professionals are specialists in tax advisory, including trade and ... [more]

Cristina Chang heads the tax department at Osterling Abogados, which also comprises five other fee earners. It specialises in the mining sector, and advises on issues such as tax litigation, M&A, and complex transactions. In the last year, the team has ... [more]

The lawyers at Rebaza, Alcázar & De Las Casas Abogados are specialists in banking and finance transactions. The firm's tax services' professionals are experienced in M&A and corporate finance and can determine the tax implications and risks of financial ... [more]

Walther Belaunde leads Santivañez Abogados' two-partner, four-fee-earner tax team that provides advice on planning, audits, structuring, M&A, cross-border planning for investments and double tax treaty services. It has a lot of experience in the energy ... [more]

See also

Latin America

Firm contact details